All Blog Posts (189)

Brazil-based all-cargo carrier VarigLog grounded its fleet and placed a note on the home page of its website informing employees that it had suspended operations. Yesterday, the carrier updated the note saying that while it was temporarily suspending employee contracts it hoped to resume operation “as soon…

Payload Asia, one of the leading cargo publications in that region, and Air Cargo Management Group have formed a marketing partnership for…

Global Aviation Holdings, the parent of ACMI and charter carriers World Airways and North American Airlines, "commenced a financial restructuring through the voluntary filing of petitions to reorganize under Chapter 11 of the U.S. Bankruptcy Code." Global is owned by private investment firm…

Leaders in the US Senate and House of Representatives reached a compromise on several issues that have been blocking passage of legislation allowing continued operation of the country’s Federal Aviation Administration. That is long-awaited good news, and will open the door to progress on issues like the implementation of the Next Generation air traffic system. It will also impact on the air freight industry, as two of the major roadblocks on the road to the compromise were…

Note: The following article is expanded from the current issue of Cargo Facts Update. We encourage those of you who do not already subscribe to the monthly printed Cargo Facts newsletter, and its companion the weekly emailed Cargo Facts Update to click here for more information.

As we pointed out…

Note: The following article is expanded from the current issue of Cargo Facts Update. We encourage those of you who do not already subscribe to the monthly printed Cargo Facts newsletter, and its companion the weekly emailed Cargo Facts Update to click here for more information

 …

http://www.bloomberg.com/article/2012-01-10/aFxvNziJv3Oo.html

The early results are in, and  what is clear about the year 2011 in the air freight industry is that nothing is clear. My crystal ball is so cracked and foggy that it's hard to make sense of the past, let alone look into the future.

The first question to ask about industry performance in 2011…

Hong Kong Airlines CEO Yang Jianhong was quoted in the South China Morning Post as saying the carrier -- which is controlled by China's HNA Group -- was in negotiations to acquire up to a 40% stake in Hong Kong Air Cargo Terminals (Hactl). Hactl currently handles about 80% of the…

The Pearl River Delta may have been the very heart of the air freight industry for much of the last decade, but that heartbeat has slowed recently, and on the last day of 2011 was hit by the biggest jolt yet…

Note: The following article is excerpted from the current issue of Cargo Facts. We encourage those of you who do not already subscribe to the monthly printed Cargo Facts newsletter, and its companion the weekly emailed Cargo Facts Update to click here for more information

 …

Note: The following article is expanded from the current issue of Cargo Facts Update. We encourage those of you who do not already subscribe to the monthly printed Cargo Facts newsletter, and its companion the weekly emailed Cargo Facts Update to click here for more information

 …

The US Federal Aviation Administration granted Amended Type Certification to Boeing for the passenger variant of its 747-8 aircraft, the 747-8 Intercontinental, with certification from the European Aviation Safety Agency expected to follow within days.

Boeing has 36 firm orders for the 747-8I,…

Etihad Airways ordered two more 777 Freighters from Boeing. The Abu Dhabi-based carrier had previously ordered, and taken delivery of, a single 777F, and its Etihad Crystal Cargo division currently also operates two A330-200Fs, and ACMI leases two A300-600Fs from Maximus Air Cargo and two MD-11Fs from…

Note: The following article is expanded from the current issue of Cargo Facts Update. We encourage those of you who do not already subscribe to the monthly printed Cargo Facts newsletter, and its companion the weekly emailed Cargo Facts Update to click here for more information

 …

Thanksgiving weekend and Cyber Monday reportedly set records for holiday shopping, with sales by dollar value up 17% and 33%, respectively. With inventories already lean, will retailers start to scream for last-minute shipments from factories in Asia and elsewhere? Shipments which can…

Yesterday, American Airlines’ parent, AMR, filed for Chapter 11 bankruptcy. Unfortunately, this sad day has long been inevitable. American is the last of the major legacy carriers to avail itself of the protection of bankruptcy to reduce its cost structure in the face of intense industry competition, especially from American’s cross-town bête noire, Southwest Airlines.

Despite negotiating labor…

That's right, a contest with an all-expenses-paid trip to Frankfurt (and flight training with a Lufthansa Cargo pilot) as the first prize. In fact, the second and third prizes also include that trip to Frankfurt. So put on your thinking caps and join in...

But, first, a…

A couple of interesting items to share this morning.

ST Aero to convert A330s? As you've probably heard by now, Qatar Airways CEO Akbar Al-Baker lashed out at Airbus during the Dubai show. No surprise there, as he regularly dumps scorn on aircraft manufacturers, but this time it was of interest to the freight community because as part of his harangue he threatened that if Airbus did not soon offer an A330 P-to-F program he would "dispose of" his pax A330s and…